"[T]he equal vote allowed to each State is at once a constitutional recognition of the portion of sovereignty remaining in the individual states, and an instrument for preserving that residuary sovereignty."
- Federalist Paper No. 62

It's well worth noting (as Karl Smith does) that Iacocca was a manager, not a capitalist. Managers are necessary in every economic system, and they are valuable -- but the differences separating managerial capitalism, proprietor capitalism, shareholder capitalism, and corporatist capitalism are all worth a lot more attention than they usually get.

Per a 2018 poll by Gallup. What would happen if the US said "We will welcome the accession of any city, province, or country on a 20-year path to statehood, provided you bring a balanced budget and a clear commitment to the rule of American law"?

Lots of people in high-level positions having rush meetings? That's cause for anxiety. And yet the government is trying to put together a military parade in Washington, DC. Putting on a big military parade (just for show) on Day #185 without a Senate-confirmed Secretary of Defense is the national-security version of doing a bunch of bicep curls without ever taking a leg day.